Evelyn Stephen is also paying back CERB at the same time.
We’ve heard plenty of stories about how the rise in interest rates is hurting many mortgage holders, but it’s not just working families or individuals feeling the pressure.
“Unless you’re making maybe $1,500 a month there really isn’t much help anywhere. And that’s a ridiculous amount,” said Evelyn, who moved to the Okanagan from Victoria a couple of years ago to be closer to her daughter. “If you’re a senior in a condo and let’s say you own your condo, if the government was to say, OK, we’ll pay your property tax, your hydro bill, and your strata fees, you can probably live there quite comfortably,” explains Isobel Mackenzie.“CPP is a fairly inadequate program, particularly for women. Maybe, 30 years from now it won’t be quite as inadequate for women because you’ll see women who have spent longer in the workforce.
Mackenzie urges anyone in Evelyn’s situation or one similar to hers to contact the Office of the Seniors Advocate of British Columbia for advice. “We are a not-for-profit organization that really our mission is to help, to education to give hope. We help people figure out what options are out there for them,” said Anne Arbour, director of strategic partnerships.
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